$619,000

148 NW 3rd St Unit s A & B Oak Island, NC 28465

Estimated payment $3,511/month

Total Views 484
6 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • No HOA
  • Ceiling Fan
  • Carpet
  • Combination Dining and Living Room
  • Split Rail Fence
  • Heat Pump System

About This Home

PHENOMENAL INVESTMENT OPPORTUNITY! This tenant occupied 6 Bedroom, 2 Full Bathroom duplex provides 3 Bedrooms and 1 Full Bathroom on each side and includes an adjacent vacant lot that conveys with the sale too! Ready-made gross rental income currently stands at $33,600 annually with recent renovations made to the front side unit. This single Parcel ID# property is actually two separate lots with the existing home on one side leaving the opportunity to construct a new home on the left side vacant lot - check out the survey. That's right, this listing is actually two separate properties with no Instrument of Separation required, an incoming producing actively rented duplex on one side and a vacant lot to improve as you see fit on the other side! There are many options to explore for this property and its new Owner! This property is located just 0.9 miles to the beach and just three blocks from easy on and off access to the island via the new Middleton Street bridge, a short distance to all the island's goods and services and another great chance for a solid Oak Island beach investment! Schedule your showing today!!

Listing Agent

Brendan Gordon

Coastal Development & Realty Oak Island License #264772 Listed on: 09/11/2025

Co-Listing Agent

Tanya Sellers

Coastal Development & Realty Oak Island License #322542

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,907

Year Built

  • Built in 1972

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 110 x 120
  • Split Rail Fence
  • Front Yard

Home Design

  • Duplex
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Bathrooms
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Partial Basement
  • Attic Access Panel
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Laminate

Parking

  • Unpaved Parking
  • Off-Street Parking

Schools

  • Southport Elementary School
  • South Brunswick Middle School
  • South Brunswick High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Tranquil Harbor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 234eh036

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,907

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Sub Type: Duplex
  • Cobra Zone: No
  • Construction: Wood Frame
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Attic: Access Only
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Laminate
  • Interior Amenities: Ceiling Fan(s), Wash/Dry Connect
  • Laundry Location: Hookup - Dryer, Hookup - Washer
  • List Price per Sq Ft: 286.57
  • Total Bathrooms: 2.00
  • Number Bedrooms Total: 6

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Fencing: Front Yard, Split Rail, Partial
  • Foundation: Slab
  • Porch Balcony Deck: None
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: Off Street, Unpaved

Utilities

  • Appliances Equipment: Electric Cooktop, Refrigerator, Electric Oven
  • Cooling System: Heat Pump
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Electricity Connected, Sewer Connected
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric
  • Sewer: County Sewer
  • Water Source: Municipal Water

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: See Remarks
  • Property Mgmt Company: Yes

Schools

  • School District: Brunswick County Schools

Lot Info

  • Deed Page: 1005.00
  • Lot Acres: 0.30
  • Lot Description: Open Lot, See Remarks
  • Lot Dimensions: 110 x 120
  • Lot Sq Ft: 13199.00
  • Plat Book: 6
  • Plat Page: 67
  • Special Assessments: Proposed Beach Nourishment
  • Zoning: Ok-R-6

Rental Info

  • Rental Income Gross Rental Income: 33600.00
  • Annual Gross Rental Income Collected: 2025

Tax Info

  • Tax Identifier: 234eh036
  • Tax Year: 2024
  • Total Real Estate Property Taxes: 2907.24

Multi Family

  • Number Total Units: 2

MLS Schools

  • Elementary School: Southport
  • High School: South Brunswick
  • Middle School: South Brunswick
  • School District: Brunswick County Schools

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2025 09/11/25 For Sale $619,000 -- --
Source: Hive MLS

Source: Hive MLS

MLS Number: 100530095

Hive MLS